Publication:
Privatization in Development : Some Lessons from Experience

Simple item page
dc.contributor.authorBourguignon, François
dc.contributor.authorSepulveda, Claudia
dc.date.accessioned2012-03-19T19:13:59Z
dc.date.available2012-03-19T19:13:59Z
dc.date.issued2009-11-01
dc.description.abstractThis paper briefly reviews the main theories of state versus private ownership and empirical evidence on the impact of privatization in developing countries (including transition economies). The paper draws some lessons for policy and offers some suggestions on how to assess privatization, at least in countries where there is still scope for it. The paper suggests that although understanding of the efficiency gains of privatization has increased significantly in recent years, there is an important area about which little is known: the distributional effects of privatization. Whether arguing from the standpoint of welfare economics or political economy, distributional effects are critical to the outcome, or the perceived outcome, of privatization. Thus, there is a need to fully evaluate the ex ante and ex post impacts of privatization, the most effective types of regulation and ownership regimes, and the way in which losers, when there are any, can be compensated. This is a need that must be met by academics and development agencies, including the World Bank and regional development banks.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091116131648
dc.identifier.doi10.1596/1813-9450-5131
dc.identifier.urihttps://hdl.handle.net/10986/4323
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5131
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectARREARS
dc.subjectBANK PRIVATIZATION
dc.subjectBANKRUPTCY
dc.subjectBENEFITS OF PRIVATIZATION
dc.subjectBUDGET CONSTRAINTS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCAPITALIZATION
dc.subjectCENTRAL GOVERNMENT
dc.subjectCLEAN WATER
dc.subjectCOLLECTIVE OWNERSHIP
dc.subjectCOMPETITIVE ENVIRONMENT
dc.subjectCONSUMER SURPLUS
dc.subjectCONSUMER WELFARE
dc.subjectCONTRACTUAL OBLIGATION
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE PERFORMANCE
dc.subjectDEREGULATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDISSOLUTION
dc.subjectDOMESTIC BUYERS
dc.subjectDOMESTIC INVESTMENT
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC TRANSITION
dc.subjectECONOMICS
dc.subjectECONOMICS OF PRIVATIZATION
dc.subjectECONOMIES IN TRANSITION
dc.subjectECONOMIES OF SCALE
dc.subjectEFFICIENCY GAINS
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL ANALYSIS OF PROFITABILITY
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL STUDIES ON PRIVATIZATION
dc.subjectEMPLOYMENT
dc.subjectENTERPRISE RESTRUCTURING
dc.subjectEXECUTIVE DIRECTORS
dc.subjectEXTENT OF PRIVATIZATION
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFIRM PERFORMANCE
dc.subjectFIXED COSTS
dc.subjectFOREIGN OWNERS
dc.subjectFOREIGN OWNERSHIP
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHARD BUDGET
dc.subjectHARD BUDGET CONSTRAINT
dc.subjectIMPACT OF PRIVATIZATION
dc.subjectIMPACT OF PRIVATIZATION ON EMPLOYMENT
dc.subjectIMPACT OF PRIVATIZATION ON PERFORMANCE
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINSTITUTIONAL REFORMS
dc.subjectINTERNATIONAL BANK FOR RECONSTRUCTION
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT SPENDING
dc.subjectLABOR INTENSITY
dc.subjectLABOR MARKET
dc.subjectLAWS
dc.subjectLEVERAGE
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC IMPACT OF PRIVATIZATION
dc.subjectMAJORITY OWNERSHIP
dc.subjectMARGINAL COST
dc.subjectMARKET FAILURES
dc.subjectMETHOD OF PRIVATIZATION
dc.subjectMIXED OWNERSHIP
dc.subjectMORTALITY RATE
dc.subjectMORTALITY RATES
dc.subjectMUNICIPALITIES
dc.subjectNEW PRODUCTS
dc.subjectOPERATING EFFICIENCY
dc.subjectOUTPUT
dc.subjectOUTPUT RATIO
dc.subjectOWNERSHIP CONCENTRATION
dc.subjectOWNERSHIP RIGHTS
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE CAP
dc.subjectPRIVATE COMPANY
dc.subjectPRIVATE FIRMS
dc.subjectPRIVATE MONOPOLY
dc.subjectPRIVATE OWNERSHIP
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATION DATABASE
dc.subjectPRIVATIZATION EXPERIENCE
dc.subjectPRIVATIZATION IN TRANSITION ECONOMIES
dc.subjectPRIVATIZATION OPERATIONS
dc.subjectPRIVATIZATION PROCEEDS
dc.subjectPRIVATIZATION PROCESS
dc.subjectPRIVATIZATION PROGRAM
dc.subjectPRIVATIZATION PROGRAMS
dc.subjectPRIVATIZATION PROSPECTUS
dc.subjectPRIVATIZATION WORK
dc.subjectPRIVATIZATIONS
dc.subjectPROCEEDS FROM PRIVATIZATION
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVE ASSETS
dc.subjectPRODUCTIVE EFFICIENCY
dc.subjectPRODUCTIVITY
dc.subjectPROFITABILITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC OWNERSHIP
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR REFORM
dc.subjectPUBLIC SECTORS
dc.subjectREGIONAL DEVELOPMENT BANKS
dc.subjectREGULATED UTILITIES
dc.subjectREGULATORY CHANGES
dc.subjectSTATE FIRMS
dc.subjectSTATE OWNERSHIP
dc.subjectTRANSFER OF OWNERSHIP
dc.subjectTRANSITION ECONOMIES
dc.subjectTYPE OF OWNERSHIP
dc.subjectUNBUNDLING
dc.subjectUNIT COST
dc.subjectUTILITIES
dc.subjectVARIABLE COST
dc.subjectWATER COMPANIES
dc.subjectWATER DISTRIBUTION
dc.subjectWATER PROVISION
dc.subjectWAVE OF PRIVATIZATION
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titlePrivatization in Development : Some Lessons from Experienceen
dspace.entity.typePublication
okr.crossref.titlePrivatization In Development : Some Lessons From Experience
okr.date.doiregistration2025-04-10T12:00:13.322988Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091116131648
okr.guid737411468337301856
okr.identifier.doi10.1596/1813-9450-5131
okr.identifier.externaldocumentum000158349_20091116131648
okr.identifier.internaldocumentum11357520
okr.identifier.reportWPS5131
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/11/16/000158349_20091116131648/Rendered/PDF/WPS5131.pdfen
okr.region.administrativeThe World Region
okr.region.administrativeThe World Region
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS5131.pdf
Size:
782.62 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS5131.txt
Size:
59.35 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers